Distribution Announcement - Natural Resource Partners L.P. declared a fourth quarter 2025 distribution of $0.75 per common unit, payable on February 24, 2026, to unitholders of record on February 17, 2026 [1] - Future distributions will be determined quarterly by the board, considering factors such as profitability, cash flow, debt service obligations, market conditions, estimated unitholder income tax liability, and necessary cash reserves for future needs [1] Company Profile - Natural Resource Partners L.P. is a diversified natural resource company based in Houston, TX, owning and managing a portfolio of properties in the U.S., including coal, industrial minerals, and rights for carbon sequestration and renewable energy activities [2] - The company also holds an equity investment in Sisecam Wyoming LLC, recognized as one of the world's lowest-cost producers of soda ash [2] Withholding Information for Foreign Investors - NRP's distributions to non-U.S. investors are treated as income effectively connected with a U.S. trade or business, subject to federal income tax withholding at a rate equal to the highest applicable rate plus an additional 10% [3]

Group 1 - McEwen Inc. (NYSE:MUX) is recognized as one of the 15 best performing silver stocks to buy [1] - Roth Capital has raised McEwen Inc.'s price target from $21 to $23, maintaining a Buy rating, following the extension of the El Gallo Mine Environmental Impact Assessment [2] - The Mexican government has granted permission for the extension of the El Gallo Environmental Impact Assessment, allowing for Phase 1 mill construction, with the first gold pour expected in mid-2027 [3] Group 2 - Phase 1 of the El Gallo project is projected to generate approximately 20,000 gold equivalent ounces per year, utilizing already mined leach pad material [3] - The remaining capital costs for the project are estimated at $25 million, with minimal development and exploratory expenses anticipated [3] - McEwen Inc. focuses on mining and minerals production and exploration, particularly in Argentina, Mexico, and the United States [4]

Core Viewpoint - Mining and minerals companies have indicated uncertainty regarding the likelihood of any transaction or offer being made or agreed upon [1] Group 1 - The companies are cautious about potential transactions in the industry [1]